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RE: ✴️ CALIBRA: FACEBOOK'S NEW DIGITAL WALLET FOR THE CRYPTOCURRENCY LIBRA. πŸ’© πŸ’© πŸ’©

in #charlesfuchs β€’ 6 years ago

I honestly didn't expect much out of the project. Facebook has been under the spotlight from the government FTC and SEC for the last two years and watching them like a hawk. They last thing they would want to to create even more friction which mean LIBRA was going to have to be by the books.

They say it's not a stable coin yet they say its pegged to various FIAT currencies soooo then it is lol

I haven't yet dug into it all that much yet for the whitepaper but is it not launched yet? and it wont be till 2020 now ?

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They also said all info and data will be private.... my ass!! πŸ˜‚πŸ˜‚πŸ˜‚

Posted using Partiko iOS

Yeah legit that shit makes no sense at all. The government would be all over them in a heartbeat if that was the case. I mean it's not like Facebook hasn't been selling all our personal data for the last 10 years πŸ˜‰

Posted using Partiko Android

They're already been asked to stop work until Usa government can formulate what's their response to this.